House Features:
- Floor Area: 110 sq. m.
- Typical Lot Area: 120 sq. m.
- Three (3) Storey
- Four (4) Bedrooms
- Three (3) Toilet & Bath
- Living Area
- Dining Area
- Kitchen Area
- Service/Laundry Area
- Balcony Area
- Provision for Four (4) Car Garage
House Finishes:
- Concrete Roof Tiles
- Painted Exterior and Interior Walls
- Tiled Toilet & Bath
- Tiled Kitchen Counter with
- Stainless Kitchen Sink
- Steel Casement Windows
Sample Computation
Option 1: BANK Financing 20% DP
SELLING PRICE (SP) | 2,690,000.00 |
RESERVATION FEE: | 30,000.00 |
DOWNPAYMENT: | |
20% of SP | 538,000.00 |
Less Reservation Fee | 30,000.00 |
Net Downpayment | 508,000.00 |
Monthly Downpayment: | |
12 months @ 0%interest | 42,333.33 |
15 months @ 0%interest | 33,866.67 |
AMORTIZATION: | |
Loanable Amount (80% of SP + 8% Proc fee) | 2,367,200.00 |
Monthly Amortization: | |
5 Years @ 10.5%P.A. | 50,880.36 |
10 Years @ 10.5% P.A. | 31,941.81 |
15 Years @ 10.5% P.A. | 26,167.01 |
Option 2: INHOUSE Financing 20%DP
SELLING PRICE (SP) | 2,690,000.00 |
RESERVATION FEE: | 30,000.00 |
DOWNPAYMENT: | |
20% of SP | 538,000.00 |
Add Processing Fee (4.5% of SP) | 121,050.00 |
Less Reservation Fee | 30,000.00 |
Net Downpayment | 629,050.00 |
Monthly Downpayment: | |
12 months @ 0%interest | 52,420.83 |
15 months @ 0%interest | 41,936.67 |
AMORTIZATION: | |
Loanable Amount (80% of SP) | 2,152,000.00 |
Monthly Amortization: | |
5 Years @ 18%P.A. | 54,646.66 |
10 Years @ 21% P.A. | 43,025.30 |